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is the in recess for their weekly party caucuses. they will return at 2:15 for more work on then line sales tax bill. a motion to proceed on the bill could come tomorrow unless an agreement is reached today. learn more about your senators with c-span's 2013 congressional direct at this. it is available to order online. a handy guide to the current congress. has information about each member of the hoist and senate. it includes contact information, district maps and committee asassignments. the directory is 12.95 plus shipping and handling and order online. a short time ago we spoke with a capitol hill reporter with the latest on the legislation the senate is debating today on the internet sales tax. gautham nagesh from roll call on capitol hill. what is the purpose of this internet sales bill? >> it would require states online retailers, charge sales tax and collect and remit them when consumers make a purchase online. that includes retailers not within their own state. >> who are some of the bill's supporters and why do some of them say it will level the playing field for retailers? >> well, t
at $400 a share. it's got more than $100 net cash even after paying taxes, so you're paying $3,000, any earnings down 25% from what's expected. he put a ten p-e on that and this is a very cheap stock unless you believe that earnings will decline every year from here on out. that's ahead of the case and we're not buying ahead of it because we like the position that we have, you know, but we think it's an exceptionally cheap stock at this level. >> it will be one of the most-watched numbers of the quarter. thanks so much. >> thank you. >> switching gears, they were grossly negligent in the lead up to the brokerage firm's collapse. kayla tausche has more on this story which she's been following from its earlier days. >> it seems like it's been forever, david. we're getting a 61-page lawsuit from the bankruptcy court in manhattan. it takes aim at john corzine and the coo and cfo breaching fiduciary duty as it entered a downward spiral in 2011. it seeks an unspecified amount in damages. trustees won approval for a liquidation plan. in a statement, trustee louis freeh says attempts at med med
not pay tax. you have to pay tax. and the employer would pay the tax. a ford are did not pay because it will not be here -- foreigner does not pay because they will not be here long. but we did not have the employer pay either. if the employer hires you, you will have to pay 15 percent more. why would anyone hire american when you can hire foreigners and pay them 15% less? with high unemployment, is the sticking point for a lot of people. a lot of little things like that within our immigration system that should be tweaked and never are. >> having immigrants and america can be very valuable to our economy. >> immigrants create jobs, create businesses, pay taxes. even those that are of -- not documented, it will pay a wide range of taxes. >> your testimony was that immigration actually saved new york, stimulation of the economy. can you briefly describe how that worked? >> i cannot speak with authority on any place outside of the five boroughs of new york city. i can tell you we think we have roughly 500,000 undocumented. but they have a very low crime rate because they do not want to
to streamline government and the tax code needs to be simplified. we can do all that without having to disinvest or eat the seed corn that is the future economy of the united states of america. and while i love to join my friend from california because every time he comes to the floor, he is talking about how do we make investments today that are going to pay us dividends down the line. and when you talk about infrastructure, you're talking about making investments that are going to put for the most part, building trades' workers to work, who make a decent salary, a good salary, good benefits, good health care, and then they go out -- you have a ad built, painters, iron workers, sheet metal workers, they all got some money in their pocket and go down the street and go to home depot and spend some money there. they buy a house, add a room, put up a pool or send their kids to college and the whole thing keeps going and that's what we are talking about here. mr. garamendi: you're exooktly right. we hear people talk about our founding fathers, saying they wouldn't do it this way. interesting that ou
administration. chuck hagel is now heading onto jordan and saudi arabia. tax-free shopping on the internet will be the focus of debate. states can only require stores to collect sales tax if the store has a physical presence in that state. the senate voted to take up the bill, which could pass as early as this week. the senate coverage on c-span2. homeland security secretary janet napolitano will be the sole witness. she was scheduled to appear last week. live coverage of the hearing in just under an hour on c-span radio and on c-span. those are some of the latest headlines on c-span radio. [video clip] >> the museum is meant to help a visitor relive the first eight years of the 21st century. the museum explains the decision-making process that i went through as president. and we hope the museum inspires people to serve, to serve their community or their country in some way. we really did not want to be a school. we wanted to be a do tank. i don't know if there is a lesson there. i do know that laura and i decided to go in a different direction with the -- apart from the museum with a comp
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